European Family Businesses - Families in Business for the long term

Facts & Figures

In Europe, this unique category plays a vital role for the economy:

  • Family businesses account for an important part (on average 40 - 50% of all jobs) of European private employment.
  • Family businesses reinvest profits responsibly preferring equity as opposed to debt financing.
  • Act as responsible owners because of their long-term strategy towards stakeholder interests, including employees, customers, shareholders and local communities.
  • Transmission of family values with a high sense of social responsibility.
  • Special concern for the local or regional base.
  • Natural incubators of an entrepreneurial culture, they foster the next generation of European entrepreneurs.
  • Stewards of social and economic capital from one generation to the next.

Family business across Europe: Percentage of total of companies